Coronavirus

Daily Market Commentary: 30 March 2020

By | 2020-03-30T09:59:35+02:00 March 30th, 2020|Markets and Research|

Today we are taking a look at: Moody’s downgrade triggers further round of risk-off, SAGBs yields sharply higher this morning Moody’s pulls the trigger and downgrades SA Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies Global markets weigh co-ordinated global stimulus packages vs the global spread of the [...]

Daily Market Commentary: 27 March 2020

By | 2020-03-27T09:55:03+02:00 March 27th, 2020|Markets and Research|

Today we are taking a look at: SAGB yields continues to ease as market readies for SARB support, SARB has committed to purchasing government bonds in the secondary market which will likely support yields in the near term Rand holds steady ahead of Moody’s review Oil headed for its first weekly gain in five, driven [...]

Daily Market Commentary: 23 March 2020

By | 2020-03-23T09:37:12+02:00 March 23rd, 2020|Markets and Research|

Today we are taking a look at: Coronavirus death toll prompts sharp sell-off in bonds and equities, SAGB yields continue to climb, SARB begins intraday repo purchases Local markets await the president’s address today Oil dropped toward the lowest level since 2003; Gold dropped again as investors buckled in for yet another volatile week of [...]

Daily Market Commentary: 12 March 2020

By | 2020-03-12T09:18:40+02:00 March 12th, 2020|Markets and Research|

Today we are taking a look at: Virus control measures continue to take a toll on markets and risk trades poorly post-the US close on European travel restrictions, SAGBs follow USDZAR weaker The rand retreats again Oil prices fell again on Thursday after the U.S. banned travel from Europe while Gold prices increased Equity markets [...]